《The Path of the Great Vehicle of Law》

The true way of trading can be summed up in a single sentence:
On long-term trades, don’t buy at high levels; on short-term trades, don’t buy at low levels.
As the old saying goes, you can’t lose your way in chess—this is the most critical “road” in trading.
When everyone is panicking, dare to buy; when the crowd is roaring, be willing to withdraw,
Cheap to the point of pearls and jade being treated like dirt, valuable to the point that what’s worthless is treated like refuse.